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- Jack168 commented Dec 6, 2023
China must support Yuan value against US dollar in order to win this currency war and avoid another Asian currency crisis. China is a leader in Asian, defending asian currencies is its duty. 1. China should sell out its all of US debt. 2. Chian ...
- Jack168 commented Jan 28, 2018
watch Usd/yuan, if Chinese central bank has no intervene. USD will go down further. Yuan become No.1 currency in safety, trading, etc.
- Jack168 commented Jul 9, 2017
Euro is still in range bound, run to 1.16 - 1.18 zone is inevitable during July or August. If more US news on growth, then, speculation of Fed more actions on hike in 2018 will push eur-usd down to run lower end of the range.
- Jack168 commented Oct 8, 2015
Fed rate hike is delayed to Dec or next year. USA equity is peak. China off-load their US debt. So, $ is on down slip in near 3 months.
- Jack168 commented Sep 15, 2015
new man is pro-business. so, aussie can start to build nuclear power stations which can create huge jobs, etc.
- Jack168 commented Jun 9, 2014
fundy call a down trend for euro, but, technical a pullback is on course. 1.3700 ? 1.3750? or 1.3800? where to short euro for 1.3370-50 zone. Then, euro resume bullish run for 1.4250, enroute to 1.4570 zone. usd will be boost after Xmas, don't ...
- Jack168 commented May 3, 2014
If Fed hike its rate in middle of 2015, then, US $ may take control to run bull after Xmas. Too early for $ run. Too much debt with US. They have to pay debt to UK, China, German, Japan, etc.
- Jack168 commented Mar 7, 2014
I heard somebody said "shaving" strategy or method --- make 1 to 3 pips per entry. I believe "scalping" --- make 5 to 10 pips per entry. "day trading" or short-term trading, --- make 10 to 50 ppips per entry or per single trade. above 50 to 200 pips ...
- Jack168 commented Oct 3, 2012
My view, H&S pattern is working at moment, and e-usd move to 1.2800 as range low, due to range top was capped in yesterday US session and today London early session. There is no bullish momentum on H1, when candle body close below ma100 line, then, ...
- Jack168 commented Aug 26, 2012
In trading, only on correct direction, you can win; yes, if you are a good slaver of price move direction, then, you can win. To be a slaver, to be a winner in fx for long-run. Actually, it is not hard to be a slaver of price, if you see a swing ...
- Jack168 commented Aug 26, 2012
upside, eye 1.3666 or down trendline. downside, up trendline or 1.1650
- Jack168 commented Aug 26, 2012
Eur-usd has slipped down for a year. On monthly chart, euro is in a support zone (big triangle's low end, and 1.2400 level). The time of cycle also indicate this downward swing nearly run out time. Next move may be a up swing cycle(correction or new ...
- Jack168 commented Feb 17, 2012
Greek is rich country, no need to give them any money, they can sell their asset or rise tax to meet their need. Last $100 plus billion, this $100 plus billion, next will be another $100 plus billion, too much money for them to seat there.
- Jack168 commented Feb 13, 2012
These models won't be wrong for all of them. It is just that central banks, Fed, Dr. Greenspac are wrong; then, they blamed the models, don't blame themself. These crooked central bankers are evils and they are still making trouble for further ...
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